Samvardhana Motherson International shares decline during trade despite strong year-on-year growth in the company’s quarterly revenue. The stock opens at Rs 155.01 on the NSE, following a previous close of Rs 155. After opening, it extends losses by more than 2% and reaches an intraday low of Rs 150. In the trading session described, the stock is down about 3% at one point while the company reports Q1 topline growth of 36% year-on-year. The report also notes that the stock has delivered a 54% return over the past one year, but it still trades lower in the current session. The available information focuses on the stock’s intraday performance and the reported topline growth, without detailing other drivers such as earnings figures, margins, guidance, or analyst commentary.
Samvardhana Motherson International shares fall in trade after Q1 topline growth
Samvardhana Motherson International shares decline during trade despite strong year-on-year growth in the company’s quarterly revenue. The stock opens at Rs 155.01 on the NSE, following a previous clo...
- Samvardhana Motherson International shares open at Rs 155.01 on the NSE.
- The previous close is Rs 155.
- The stock falls to an intraday low of Rs 150.
- It is down about 3% during trade.
- The company’s Q1 topline grows 36% year-on-year; the stock has 54% one-year returns.
54% Return In One Year: Largecap stock Samvardhana Motherson International opened at Rs 155.01 against a previous close of Rs 155 ans extended losses by over 2% to hit an intraday low of Rs 150 apiece on the NSE.
4 hours ago54% Return In One Year: Largecap stock Samvardhana Motherson International opened at Rs 155.01 against a previous close of Rs 155 ans extended losses by over 2% to hit an intraday low of Rs 150 apiece...
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